Intellinews - Polish Chemical Report

By Author: Bharat Book
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The IntelliNews Polish Chemical Report offers an extensive summary of the most recent topics related to the Polish chemical market, segmented into heavy chemicals, rubber and cosmetics. It includes a complete coverage of the latest market developments and news, accompanied by thorough statistics and comments. The report pays particular attention to new development projects and investment inflows in the sector. This sector report is ideal to keep you abreast on recent company and industry news. Written by local professionals, it is a unique market and business intelligence analysis, tailored to save time by providing in-depth information, while helping you to make confident and informed business decisions.

Summary
The privatisation of the Polish chemical sector, announced in 2008, is still far from being realised. The Treasury has cancelled the sale process of ZA Pulawy and ZCh Police in January due to unsatisfactory prices. http://www.bharatbook.com/market-research-reports/chemicals-market-research-report/intellinews-polish-chemical-report.html

However, ...
... the ministry has promised to resume the attempts to privatise Za Tarnow, ZAK and Ciech in 2011. Meanwhile, consolidation tendencies are visible in the sector. ZA Tarnow acquired a 52% stake in ZAK for PLN 150mn (EUR 38mn) and the firm is planning further takeovers, having expressed interest in ZCh Police. ZA Pulawy are interested in PKN Orlen’s Anwil as well as Ciech’s assets, having already bought its Fosfory arm. All the players in the sector have improved their results in 2010 in comparison to the previous year. All have been in the black, with the exception of ZA Pulawy, however, in Q2 of FY 2010/2011 (Oct-Dec 2010) the firm saw a net profit. ZCh Police, which faced bankruptcy, has returned to the growth path. In Q3/2010, it achieved a net profit for the first time in two years’ time. market research book

Another chemical firm Synthos, increased its 2010 revenues by over 50% y/y and saw its net profit almost triple.This was due to record rubber prices and growing demand for the product.

Tyre production went up by 7% y/y to 7.2mn units in Jan-Feb.

Industrial holding Boryszew is very active in terms of M&A activity. After taking over Maflow, it is now bidding for French Sealyx and German SaarGummi. The Polish cosmetics market grew by 5% y/y to PLN 12bn. The export of Polish cosmetics amounted to EUR 1.4bn.

Table of Contents:
Executive Summary
Overview
Heavy Chemistry
Company News
Rubber Company News
Cosmetics Company News

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IntelliNews - Polish Chemical Report

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